Four of Thailand’s largest banks are expected to post sharp declines in third-quarter net interest income as the nation’s persistently high household debt and weakening economy weigh on their business https://t.co/OOucIQHLe9 ...

Thailand’s average household debt is expected to surge at the fastest pace in five years as a weakening economy and rising cost of living force citizens to turn to informal lenders https://t.co/JXeg9WfZb3 ...

Household Debt Overview - Total household debt in the U.S. reached $18.39 trillion in Q2 2025, with an increase of $4.24 trillion since Q4 2019 [2] - The increase in household debt is attributed to mortgages, home equity lines of credit (HELOC), auto loans, and credit cards [1] Mortgages - Mortgages represent the largest share of household debt, with balances rising by $131 billion to $12.94 trillion by the end of June 2025 [3] - Mortgage originations increased slightly to $458 billion in Q2 2025, while 53,000 homeowners faced foreclosure [3] Home Equity Lines of Credit (HELOC) - HELOC balances grew by $9 billion in Q2 2025, marking the 13th consecutive increase, totaling $411 billion [4] Credit Cards - Credit card balances surged by $27 billion in Q2 2025, bringing total credit card debt to $1.21 trillion [5] - Delinquency rates increased by 6.93%, indicating more Americans are struggling to manage monthly payments [6] Auto Loans - Auto loan balances rose by $13 billion in June 2025, totaling $1.66 trillion, with new auto loans and leases increasing to $188 billion [7] - The median credit score for new auto borrowers dropped by six points, suggesting that more individuals with weaker credit are seeking financing [7] Student Loans - Student loan balances increased by $7 billion in June 2025, reaching a total of $1.64 trillion [8] - Over 10% of student loan balances are now 90 days past due, reflecting rising delinquency rates as missed federal payments reappear on credit reports [8]

Group 1 - A Texas man revealed he and his wife are $500,000 in debt, with his wife unaware of the full extent [1] - The couple has a combined income of approximately $250,000 per year, yet they are financially struggling [2] - The debt consists of a $330,000 mortgage, $85,000 in car loans, and around $80,000 in credit card debt, most of which the wife does not know about [3] Group 2 - The main issue identified is the lack of a financial plan and Jim's unilateral handling of finances without his wife's involvement [4] - Financial advice suggests that Jim should involve his wife in financial discussions and planning, treating her as an equal partner [5]

South Korea’s household debt last quarter expanded at the quickest pace since 2021, likely adding to concerns at the Bank of Korea ahead of its policy meeting next week https://t.co/15GQuRyb2h ...

Household Debt Overview - Household debt increased by 1% to $18.4 trillion [1] - Overall delinquency rates remain relatively modest, excluding student loans [2] Delinquency Rates - Auto loan and credit card debt delinquencies remain elevated [1] - Student loan debt that is 30-day delinquent surged to 13%, previously 1% in Q4 during the forbearance period [2] - Credit card agencies are reporting delinquencies around 13%, up from 8% in Q1 [2] - 90-day mortgage delinquencies increased to 1.3%, the highest level since Q4 2016 [3] Potential Economic Weakness - Potential economic weakness is a concern regarding student debt and its knock-on effect on credit card issues and credit reporting [3]

Industry Outlook - Thailand's banks are facing challenges due to weak lending [1] - High household debt, slowing tourism, and sluggish consumer spending are risks [1] - These factors may dampen the outlook for the rest of the year for Thailand's banks [1]

The rise of a property-owning, entrepreneurial middle class in China has transformed its cities this century. But all this has created a new risk: soaring household debt https://t.co/ZILZMOvQjH ...

Household Debt & Financial Strain - US household debt is rising, indicating potential financial strain on individuals [1] - Bloomberg is seeking insights into how individuals are managing living expenses amid rising debt [1]

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/aO9VFLHqkW ...